News Formal

3 Steps To Activate The Business Roundtable Statement

  • 📰 ForbesWomen
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

This week, 181 CEOs of the Business Roundtable representing 30% of US market capitalization renounced the primacy of shareholder value. It was a bold statement, and now we need action by the CEOs and their teams to activate the desire for a more equitable economy.

2. Facilitate innovation and change

In parallel with helping employees understand what it means to serve all stakeholders, and how to do it, CEOs and their leadership teams throughout the business need to ensure their organizations enable, incentivize, and reward innovation. As we change our collective goals, we have to change the metrics by which we measure success. And with change comes failure.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 477. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Roundtable statement doesn't mean corporations will dramatically change social role: 'Only time will tell'While the announcement from The Business Roundtable (BRT) offers a significant redefinition of how corporations view their social role, it currently exists as an aspirational statement rather than a plan of action.
Source: Newsweek - 🏆 468. / 52 Read more »